Have you subscribed for the Syrma SGS Technology IPO? It can be known that the Syrma IPO opened for subscription on August 12 and closed on August 18, 2022. And now the subscribers of the public offering are eagerly waiting for the finalisation of the allotment status which is likely to happen on August 23, 2022. Meanwhile, ahead of share allotment, the grey market has gone bullish on Syrma SGS Technologies shares. As per a report by Livemint, "according to market observers, Syrma SGS Technologies IPO grey market premium (GMP) today is Rs. 59, which is Rs. 13 higher from its Friday morning grey market premium of Rs. 46 per equity share."
It can be known that the Rs. 840 crore-Syrma SGS Technology IPO received bids for 6,48,39,020 shares against 2,85,63,816 shares on offer, according to NSE data. The IPO got subscribed 32.61 times on the final day of bidding. The portion reserved for the qualified institutional buyers (QIB) was subscribed 87.56 times, for non-institutional investors was subscribed 17.50 times, and the retail investors portion was subscribed 5.53 times.
As already stated the allotment status of the Syrma SGS Technology IPO is likely to finalise on August 23, while the shares are expected to list on BSE and NSE on August 26, 2022. Once the allotment status will get finalised, investors will be able to check it online by visiting the official website of BSE or the registrar of the IPO that is Link Intime India. Here is a step-by-step guide to help you check the Syrma SGS Technology IPO allotment status online.
1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.
2. Select Syrma SGS Technology IPO in the menu. The name of the company
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